Page 1 of 3

sihanoukville - china bans investment in casinos

Posted: Fri Oct 27, 2017 11:35 am
by frank lee bent
is this a bubble at bursting point? they seem to be deporting hundreds of young Chinese casino workers weekly.
wtf is going on?

Re: sihanoukville

Posted: Fri Oct 27, 2017 12:07 pm
by bangkokhooker
What has some Chinese (Mostly Chinese with Indo, Plips and Viets) being deported got to do with billions of dollars in Chinese investment and land prices?

Re: sihanoukville

Posted: Fri Oct 27, 2017 12:43 pm
by vladimir
It's called diversification, I believe.

Re: sihanoukville

Posted: Fri Oct 27, 2017 12:47 pm
by Fourkinnel
Are they actually deporting? I would have thought if no WP yes, but others, maybe fined, confiscation of PC's etc.

Re: sihanoukville

Posted: Fri Oct 27, 2017 12:52 pm
by John Bingham
frank lee bent wrote:
Fri Oct 27, 2017 11:35 am
is this a bubble at bursting point? they seem to be deporting hundreds of young Chinese casino workers weekly.
wtf is going on?
I thought a lot of them were involved in online scams?

Re: sihanoukville

Posted: Fri Oct 27, 2017 12:54 pm
by bangkokhooker
They are not casino workers but (VOIP) scammers (Some would say it is the same!) and get deported by request of the Chinese government.

Re: sihanoukville

Posted: Fri Oct 27, 2017 1:15 pm
by frank lee bent
that is not what they call them on the khmer morning news

have billions already been invested, or is it all just promises?

Re: sihanoukville

Posted: Fri Oct 27, 2017 1:22 pm
by bangkokhooker
No idea. Probably a bit of both.
Personally I think SHV is dead and the sooner I move the better. Probably Kampon Cham or Koh Kong.

Re: sihanoukville

Posted: Fri Oct 27, 2017 1:50 pm
by cptrelentless
Certainly throwing their money about, try renting a house or apartment here. Everyone is having to move out to Klaing Leu. Can't all be VOIP scammers

Sent from my LG-X240 using Tapatalk


Re: sihanoukville

Posted: Fri Oct 27, 2017 2:58 pm
by frank lee bent
i wonder what will happen when the petro-yuan launches in a few weeks?
whole joint could implode in a shower of inferior concrete dust.
the Chinese gov is extremely concerned with these casinos and capital outflow is rumoured to be massive.
online gambling is illegal in China and the gov intends to ban outbound investment in casinos:

https://www.bloomberg.com/news/articles ... educe-risk